LLC (International Company) in Georgia — Holding Company Formation Guide
Choose jurisdictions with extensive double taxation treaty networks, participation exemptions for dividends, and zero or low capital gains tax on the sale of shares.
Last verified: June 13, 2026
Corporate Tax
5.0%
State Tax
0.0%
Formation Cost
$74
Annual Fee
$0
Forming a LLC (International Company) in Georgia as a Holding Company means a total tax burden of 5.0% and an official formation cost of $74. There is no minimum capital requirement. Standard formation takes 1-3 business days, or Same day expedited. No local director is required; the process can be managed remotely. This guide covers the steps, tax breakdown, banking options, and compliance requirements — all from verified data.
First-year total cost
≈ $8,270
Ongoing (per year)
≈ $5,660
Why LLC (International Company) for Holding Company?
A holding company is a parent entity that owns enough voting stock in another company to control its policies and management. It exists primarily to hold assets, intellectual property, or investments rather than producing goods or services itself.
Ideal for
- Serial entrepreneurs
- Families managing generational wealth
- Corporate groups with multiple subsidiaries
- Investors holding diverse asset portfolios (real estate, IP, stocks)
Challenges to watch
- Complex regulatory compliance
- Strict economic substance requirements
- Transfer pricing rules and documentation
- Higher setup and annual maintenance costs
Key decision criteria
- Participation exemption rules for tax-free dividends
- Withholding tax rates on dividends and royalties
- Controlled Foreign Corporation (CFC) rules
- Local economic substance regulations
LLC (International Company) formation requirements
Minimum capital
None
Standard timeline
1-3 business days
Expedited timeline
Same day
Local director
Not required
Registered office
Virtual office allowed
Notarization
Required
100% foreign ownership and foreign directors are permitted. No local resident director is required.
Estimated breakdown (based on avg. $1,000,000 revenue)
Simulate with your own revenue →
VAT / Sales Tax
Standard rate 18%. Registration threshold: 100,000 GEL. Non-resident companies providing digital services to Georgian consumers (B2C) must register and charge 18% VAT.
Banking & payments for Holding Company
Opening a business bank account in Georgia is relatively straightforward and can often be done remotely via a Power of Attorney. Traditional banks like Bank of Georgia and TBC Bank are highly recommended, though compliance checks have become stricter for non-resident founders.
Supported payment gateways
Remote-friendly accounts
Bank of Georgia
The largest bank in Georgia, offering excellent corporate banking, multi-currency accounts, and remote opening via Power of Attorney.
TBC Bank
A leading tech-friendly bank with robust digital services, e-commerce gateways, and remote account opening options.
Paysera Georgia
A fully licensed digital bank in Georgia offering fast SEPA transfers, multi-currency accounts, and remote onboarding.
Payoneer
Widely used by Georgian IT and international companies to receive USD and EUR payments globally.
Georgia incentives & advantages
International Company Status
5% Corporate Income Tax, 5% Personal Income Tax for employees, 0% Dividend Tax, and exemption from Property Tax.
Free Industrial Zone (FIZ)
0% Corporate Income Tax, 0% VAT, 0% Property Tax, and 0% Import/Export duties.
LLC (International Company) formation steps
Draft and notarize a Power of Attorney (PoA) if forming the company remotely.
Register the standard LLC with the National Agency of Public Registry (NAPR) in Georgia.
Obtain a legal registered address and open a corporate bank account (e.g., Bank of Georgia or TBC).
Register the LLC with the Revenue Service of Georgia to obtain a Tax ID.
Establish local economic substance by leasing an office and hiring local or relocated employees.
Prepare and submit the International Company Status application to the Ministry of Finance.
Await the official decree granting the status and update payroll/tax configurations to the 5% rates.
Holding Company FAQ
What is the main benefit of a holding company?
Asset protection and tax efficiency. It isolates financial risk so that if a subsidiary fails, the holding company's other assets remain protected.
Where are the best jurisdictions for holding companies?
Popular jurisdictions include the UK, Singapore, Switzerland, the Netherlands, and the UAE, due to their favorable tax exemptions on dividends and capital gains.
Do holding companies need physical offices?
Yes, increasingly so. Many jurisdictions now enforce 'economic substance' laws requiring holding companies to have local directors, physical office space, and adequate local expenditure.
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Related terms
Key concepts you'll encounter when forming a Holding Company
Related guides
Complete LLC (International Company) guide
Taxes, requirements, banking, compliance
LLC (International Company) cost calculator
One-time and annual cost breakdown
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